Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1887-09-08
WASHINGTON GOSSIP.

important Plan of Tariff Reform In Process
of IncubatfOn-Fisca MattcrS-The rres-
fdent Intercstsd-Paid in Full with Inter
est-Speaker Carlisle Visiting at YAK
View.
WASHINGTON, Sept. 3.-The Star pub
fishes the following respecting an I'M
portant plan of tariff reform now IN
course Of preparation by the President,
Speaker Carlisle and leading Democrats:
at is now altogether probable that the
| tariff reformers will be able TO meet tne
revenue question on the assembling OF
Congress with more than fair chance OF
success. There will be a measure brougnt
forth as soon as Congress convenes wnicn
will likely have the Endorsement OF the
| Administration. The Presldent, 1he oec-
| retary of the Treasury and Speaker Car
Isle have been considering the matter
| since Congress adjourned, ana
IL Is not improbable that the
present visit of Mr.. Carlisle to the
| President at Oak View will result In the
elimination of their plan. 1t IS posslDie
| that the Speakers visit to Washington at
| this time was expressly for the purpose OF
consulting with the President upon TINS
subject. 1t is expected at the treasury
| Department that Secretary Fairchild,
wbo ;s now on his vacation, will soon re-
| turn to Washington. It is probable that
| he comes to meet the President and MI.
! Carlisle. The result of the Allentown
| convention is quite satisfactory TO the
| tariff reformers, since 1t shows tna1
| the influence Of the Administration is
| strong even in Pennsylvania. they pro-
| pose to take advantage OF the
| situation and present plan Tor the
| reduction of the revenues that Mr.. Randall
| will find it hard to reject consistently after
| indorsing the Allentown platform. The
| plan being prepared will conform strictly
| with the tariff resolution there adopted,
| as it is construed by the President. 1t will
! abolish the tobacco tax, but leave the
| whisky tax where it is, and will make
| large reduction in the customs duties on
necessaries of life, in accordance with the
| Presidents utterances on the subject. Inc
| internal revenue feature is admitted as
| compromise, and will be tolerated only in
! connection with very positive reduction
| of customs. There will be no acknowledge
ment of protection. 1t is likely that the re-
!, duction of the customs will be more
sweeping than Mr.. Randall would agree
| to, though it is hoped that the whole party
| can be brought together tremendously.
But the Administration will occupy a firm
and unqualified position, and it is believed
| that the character of the bill and the in
| fuence of the Administration will entirely
silence opposition within the party. The
and Scott at Allentwon is significant in
| view of the position taken by the Presi-.
! dent, and may mean that the former
! will not oppose the consideration
| of bill brought forth from
the Administration according to the plan
| foreshadowed by Mr.. Breckenridge, or
! Arkansas. Mr.. Scott was in Washington
shortly before the Allentown convention,
! and talked the matter over with the Pres
Fair
Singerly conferred with the President
| likewise, it will be remembered, on his
| yacht on the Potomac. The Adj
| ministration is fully committed
! to strong attitude on the
tariff. While there has been no
general conference of large number Of
men in one place there have been impor.
! tant consultations between individual
leaders and the President. Mr.. Mills, of
Texas, who is to be chairman of the ways
and means committee in the next House,
| is in the city, and has had a conference
with Mr.. Carlisle. The Bureau of Statis-
tics has been called upon for figures on
customs duty, to show just where the
most effective reductions can be made,
and how the revenues would be affected
thereby"
/ Fiscal Matters.
| WASHINGTON, Sept IA circular issued
from the Treasury Department., showing
| the changes in the circulation during the
month of August past, notes a decrease Of
$737 $40 in the general circulation during
that month. There was decrease of
1924, TAT in gold certificates, s., 400, $50 in
National bank notes, 81 ,523, 100 in United
States notes, and an increase of s., 1879, 962
in gold coin, SD, nc, PA in silver certificates.
81, 2S6, 443 in standard silver dollars and
$216, 416 in subsidiary silver. The circula-
lation on September last was 81 ,321, 81, 1916.
The treasury cash on September 1 was
1851, 095, 1852, or $1O,216,2OO greater than on
i August l. 1t consisted of $4S3, 063, 674 in
gold and silver coin and certificates and
United States and National hank notes,
| and 500, S52,0 4 gold bullion, S., 024 400
silver bullion and S ,153, 2O4 trade dollars,
! regarded as bullion.
The President Interested.
| WASHINGTON, Sept. 3.-The President is
taking a decided interest in the Centennial
celebration Of the adoption of the Consti-
tuition, which is to take place in Philadel-
| phia during this month. He has deter
mipsd that the military and naval forces
! ezI1 be we'll represented on the occasion.
General Sherman has been directed to as
! sumo the command of the military forces.
/ 1t has been decided to order the two troops
i! of cavalry at Fort Myer, Va, one light
DaIGery from Un0 arsenal In this city, and
! one light battery from Fort Hamilton,
; New York harbor, to participate in the
/ celebration. Five companies of foot
| soldiers from the division of the Atlantic.
! to be designated by Major General Scho-
j field, will also take part in the ceremonies.
/ The navy, it is understood, will be repre-
sented by the entire North Atlantic
| squadron.
Paid I'm Full with Interest
| WASHINGTON, Sept. 3.-The Comptroller
| of the Currency has declared a final
| dividend of ten per cent, in favor of the
| creditors of the City National Bank of
/ Williamsport, Pa, making, with previous
| dividends, one hundred per cent, with in
! terest in full on claims proved, amounting
| to $3.50, 771.67 The bank failed May 4,
1886.
Speaker Carlisle at Oak View.
| WASHINGTON, Sept. 3.-Speaker Carlisle
has left his quarters at his hotel, and will
I spend four days at Oak View as the guest
| of President Cleveland. OF course. every
| body will take guess at what this means.
| but Mr.. Carlisle and the President saw ID
| is merely a social matter.
|
| An Unsatisfactory Arrangement.
| LONDON, Aug. 8.-The acceptance by the
| Porte of Russia's terms for the govern
| ment of Bulgaria, pending the election of a
| new Sobranje and later new prince.
/ widens the breach between Russia and the